Looks like a nice piece of leather. The interesting thing is the location where the logo is placed, is usually where the Japanese variant of this, made by Minerva Box, allows you to put custom initials. Regardless, this is a wonderful design as long as you don't mind your pens rubbing against one another. What I did with the Japanese pen roll, was, for the pricier pens, I use an individual sleeve by Slip On that fits perfectly in each of the four slots. Here's a typical use image.